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What is a refund?

A refund is any money that Southwestern Oklahoma State University owes you. Common reasons you may receive a refund include:

  • Financial Aid overages
  • Dropped classes
  • Tuition overpayment
  • Room and board overpayments

How are refunds handled at SWOSU?

Southwestern Oklahoma State University has partnered with BankMobile Disbursements to deliver your refunds. BankMobile Disbursements are committed to delivering 100% of your refund at no cost, providing students with clear choices and offering great customer service. To learn more visit RefundSelection.com.

How can I receive my refund?

Every SWOSU student will receive a personal access code in the mail. The code allows you to choose how you would like to receive any refund money owed to you from SWOSU. Upon receiving your code, visit RefundSelection.com to activate your refund preference.

Follow these three simple steps:

  1. Visit RefundSelection.com
  2. Enter your personal code to get started
  3. Select how you’d like to receive your money
    • Deposit to another account. Money in two to three business days
    • Open a BankMobile Vibe account. Money deposited to the account the same business day funds are released by SWOSU to BankMobile.
    • Paper check mailed. Money in five to seven business days

FAQ’s

What kinds of money might I receive from SWOSU?

The most common type of money BankMobile disburses to students are funds left over from financial aid awards, loans or grants after tuition has been paid. Students receiving these funds have usually requested this additional support to help with books and living expenses. Other types of money may include reimbursement for tuition overpayment or a dropped class. BankMobile uses the term “refund” but SWOSU may have another name for these funds, such as a disbursement, residual or a stipend.

Why am I getting a Personal Code?

You will use your Personal Code to make your refund selection at RefundSelection.com.

How will I get a Personal Code?

You will receive your Personal Code in the mail at your primary address on file with SWOSU. Just look for the bright green envelope and please make sure your address is up to date.

How is my money delivered?

Delivery of refund money is a multi-step process. First, SWOSU draws funds from the respective loan and/or grant provider and applies it to your student account. Once this information is verified, it is sent to BankMobile. Once the specific refund information is received, it is processed and disbursed according to your selection.

The most common type of money BankMobile disburses to students are funds left over from financial aid awards, loans or grants after tuition has been paid. Students receiving these funds have usually requested this additional support to help with books and living expenses. Other types of money may include reimbursement for tuition overpayment or a dropped class. BankMobile uses the term “refund” but SWOSU may have another name for these funds, such as a disbursement, residual or a stipend.

Can I change my preference for receiving money from SWOSU?

Yes. Just log in to RefundSelection.com and select “refund preferences” from the “Refund” menu option. Once on the page, simply make your new selection and click the “Update Preference” button to complete the process. Be aware that your new selection will only affect future money you receive from SWOSU.

How will I know when my money has been sent?

BankMobile will send you an email to the address you entered during setup. You can also view the status online at RefundSelection.com.

What is the BankMobile Vibe account?

Designed exclusively with students in mind, BankMobile Vibe is a checking account that offers the power to bank anywhere, anytime. Plus there’s no monthly fee for students.If you select the BankMobile Vibe account as your refund choice, you will receive a temporary virtual Debit MasterCard® to use until your physical card arrives in the mail.

How can I receive cash from my BankMobile Vibe account?

Account holders get fee-free access to over 55,000 Allpoint® Network ATMs worldwide. Locally students can use the CashTronics ATM in the SWOSU Student Union or the Allpoint ATM at the Weatherford United Supermarket, 920 E. Main Street.

Find ATM Locations

What if I have additional questions?

Visit RefundSelection.com or get easy answers anytime by using our online FAQ database.

View our institution's contract with Bankmobile at www.vibeaccount.com/swc